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What is Startup Ecosystems

Chapter 10

Exploring Global FinTech Advancement and Applications

The interconnected network of startups, investors, mentors, and support organizations within a specific geographic area. In the context of FinTech, startup ecosystems contribute to the growth and development of financial technology initiatives.

Published in Chapter:

The Rise of AI in Middle Eastern Fintech With the Case Studies From the UAE and Turkey

Hooman Razavi (Tecnologico de Monterrey, Mexico) and Ali Habibnia (Virginia Tech, USA)

Source Title: Exploring Global FinTech Advancement and Applications

DOI: 10.4018/979-8-3693-1561-3.ch010

Abstract

This chapter explores the dynamic FinTech landscape in the Middle East with a focus on the UAE and Turkey by considering the impact of cutting-edge technologies, particularly artificial intelligence (AI). Amidst rapid economic changes and a burgeoning youth population, FinTech has emerged as a pivotal force driving innovation. The UAE and Turkey, positioned as regional FinTech hubs, attract significant investments, fostering vibrant startup ecosystems. Analyzing statistical insights and technological trends, this chapter unravels the unique factors propelling FinTech adoption. It delves into the integration of emerging technologies and addresses challenges, opportunities, and future trends. Tailored for finance professionals, policymakers, entrepreneurs, and academics, this chapter aims to provide a concise resource for navigating and contributing to the evolving FinTech scene in the Middle East.

Full Text Chapter Download: US $37.50 Add to Cart

What is Startup Ecosystems

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